Overview
What is Community Foundation Of East Mississippi?
The Community Foundation of East Mississippi is a public charity, serving as a catalyst for charitable giving in East Mississippi. With a mission to enhance and improve the quality of life, the foundation supports worthy causes and offers philanthropic services. Acting as a leader in response to changing community needs, the organization develops and manages a comprehensive base of funds, expanding the pool of charitable dollars permanently committed to addressing the needs of East Mississippi's residents. By fostering civic-minded individuals, families, and businesses, the Community Foundation of East Mississippi enables them to achieve their philanthropic aims.
Official website here: www.cfem.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Community Foundation of East Mississippi has achieved an impressive rating of 96% from Charity Navigator, reflecting a strong commitment to accountability and financial management. This high score is based entirely on the organization's accountability and finance practices, indicating a robust operational framework that effectively supports its mission.
The organization excels in several key areas, including having a fully independent board of directors and maintaining excellent financial practices, as evidenced by a perfect score on its audit and a minimal liabilities to assets ratio of 1.81%. Additionally, the foundation adheres to best practices with documented policies on conflict of interest and whistleblowing, ensuring transparency and ethical governance.
While the rating highlights the foundation's strengths, it is important for potential donors and stakeholders to remain informed about the foundation's overall mission and programmatic impact, although this data is not covered in the financial rating. Overall, the Community Foundation of East Mississippi demonstrates a solid financial standing and governance, making it a trustworthy nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Community Foundation Of East Mississippi legitimate?
Community Foundation Of East Mississippi is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Of East Mississippi submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $116,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $39,022
For more financial information, click here
Official website here: www.cfem.org
What is the mission statement of Community Foundation Of East Mississippi?
The Community Foundation of East Mississippi serves as a public charity, committed to enhancing the quality of life in the region. Its primary objective is to support worthy causes, offer philanthropic services, and encourage leadership in response to evolving community needs. Acting as a catalyst for charitable giving, the foundation enables civic-minded individuals, families, and businesses to achieve their philanthropic goals. The organization accomplishes this mission by developing and managing a comprehensive base of funds, expanding the pool of charitable dollars, and ensuring they are permanently committed to meeting the needs of the people in East Mississippi.
Official website here: www.cfem.org
What is the revenue of Community Foundation Of East Mississippi?
Community Foundation Of East Mississippi's revenue in 2023 was $1,451,764.
Official website here: www.cfem.org
Who are the executives of Community Foundation Of East Mississippi and what are their salaries?
The average compensation at Community Foundation Of East Mississippi during 2023 was $51,674. There are 3 employees at Community Foundation Of East Mississippi.
Here are 17 key members and their salaries:
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Official website here: www.cfem.org
Where can I find the form 990 for Community Foundation Of East Mississippi?
Community Foundation Of East Mississippi's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cfem.org
Learn more at the official website: www.cfem.org
Mission Statement of Community Foundation Of East Mississippi
The Community Foundation of East Mississippi, acting as a public charity, is committed to enhancing the quality of life in East Mississippi. Their mission involves supporting worthy causes, providing philanthropic services, and encouraging leadership in response to evolving community needs. The foundation serves as a catalyst for charitable giving, allowing civic-minded individuals, families, and businesses to achieve their philanthropic objectives. To fulfill this mission, the Community Foundation of East Mississippi develops and manages a comprehensive collection of funds, continually expanding the pool of charitable funds that are permanently dedicated to addressing the needs of the people of East Mississippi.
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Impact
July, 2024
Community Foundation Of East Mississippi has a significant impact on the quality of life in East Mississippi. By supporting worthy causes, providing philanthropic services, and responding to changing community needs, the foundation serves as a catalyst for charitable giving. Through its comprehensive base of funds and expanding pool of charitable dollars, the foundation is able to address the needs of the people in East Mississippi and help create a positive impact on the community.
This information is meant to be a general summary of Community Foundation Of East Mississippi. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $227,280
- Gross Receipts: $2,831,226
Assets and Liabilities:
- Total Assets: $8,755,047
- Total Liabilities: $158,672
- Net Assets: $8,596,375
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Organization Details
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